Elections increase uncertainty over global economic recovery, says IMF

Elections across the world increase uncertainty over economic growth due to potential swings in policy, according to the IMF. Interest rates might stay high due to wage and services inflation.

IMF projects 3.2% global economy growth in 2024, with a slight rise to 3.3% in 2025. UK GDP expected to grow by 0.7% in 2024 and 1.5% in 2025 but faces uncertainty due to elections.

Read at www.independent.co.uk